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Indices of House Prices and Rent Prices of Residential Property in London, 1895-1939

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  • Luke Samy

Abstract

Data from two different primary sources were used to construct indices of house prices (HPI) and rents (RRPI) of residential property located in London and the Home Counties between 1895 and 1939. The indices were derived using the hedonics method of price index measurement, which extracts the variation in prices due to differences in the quality of dwellings that form the sample across different time periods. Both nominal and real HPIs and RRPIs are reported in the paper, as well as simple summary statistics on the levels of house prices and rental values, years purchase and returns on housing for a selected number of boroughs in London over time.

Suggested Citation

  • Luke Samy, 2015. "Indices of House Prices and Rent Prices of Residential Property in London, 1895-1939," Oxford Economic and Social History Working Papers _134, University of Oxford, Department of Economics.
    • Handle: RePEc:oxf:esohwp:_134
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    References listed on IDEAS

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    1. repec:rdg:wpaper:em-dp2004-23 is not listed on IDEAS
    2. Robert Hill, 2011. "Hedonic Price Indexes for Housing," OECD Statistics Working Papers 2011/1, OECD Publishing.
    3. Peter Scott, 2004. "Selling owner-occupation to the working-classes in 1930's Britain," Economics Discussion Papers em-dp2004-23, Department of Economics, University of Reading.
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    Cited by:

    1. Kholodilin, Konstantin A. & Limonov, Leonid E. & Waltl, Sofie R., 2021. "Housing rent dynamics and rent regulation in St. Petersburg (1880–1917)," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 81.
    2. Claudio Borio & Øyvind Eitrheim & Marc Flandreau & Clemens Jobst & Jan F Qvigstad & Ryland Thomas, 2022. "Historical monetary and financial statistics for policymakers: towards a unified framework," BIS Papers, Bank for International Settlements, number 127.
    3. Gray, Rowena, 2018. "Selection bias in historical housing data," QUCEH Working Paper Series 2018-01, Queen's University Belfast, Queen's University Centre for Economic History.

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